Newsexpress place banner advert Yudala Triple Jara Offer
FOREX: CBN lifts supply with $180m…invisibles get $80m

By News Express on 21/03/2017

Share on facebook Yahoo mail icon Gmail icon

Views: 206

•CBN Headquarters.
•CBN Headquarters.

The Central Bank of Nigeria (CBN) on Monday offered a total of $180 million to meet bids for wholesale auction and requests for invisibles such as medicals, school fees and personal travel allowances valued at $80 million, through the inter-bank window.

Confirming the figures, CBN Acting Director, Corporate Communications Department, Isaac Okorafor, said the wholesale requests would be settled today, Tuesday, March 21, 2017.

With the development, it is expected that the Naira will further strengthen in the foreign exchange market in the days to come.

While disclosing that the apex bank had so far met all the legitimate demands from genuine customers, Okorafor reiterated that the CBN would ensure sustainable forex liquidity and transparency in the process to enable as many customers as possible get access to the foreign exchange they genuinely demand.

He therefore advised eligible individuals with genuine foreign currency needs to freely approach their banks and authorised dealers with their request, stressing that the CBN had made adequate provisions of foreign currency for all such legitimate purposes.

Mr. Okorafor further advised legitimate customers to approach the CBN with their complaints should they be unfairly denied access.

 

Source News Express

Posted 20/03/2017 6:16:58 PM

 

Share on facebook Yahoo mail icon Gmail icon


 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

 

You may also like...
Experts fault CBN's reduction of daily cash withdrawal...

Lassa fever: Establish diagnostic centre, Red Cross tells...

Senate probes DSS invasion of Ekiti Assembly

2015: Ndigbo haven’t adopted Jonathan —Ohanaeze President clears...

Michael Okpara Varsity admits 5,615 fresh students

BREAKING NEWS: 2Face bows to pressure, cancels anti-government...

Inflation rate hits 18.72 percent

Etok condoles with Enyeama over mother’s death

FRSC redeploys senior officers to increase effectiveness

Ojukwu varsity ASUU, non-academic staff clash over appointment...

2014 World Cup: Why we thrashed Brazil and...

Senator Ashafa mourns Hajj stampede victims

 

Latest News Dickson orders immediate release of N200m for accreditation of programmes in state varsity AfDB releases $1m to reconstruct GGSS Chibok Amosun pardons absentee workers, pays October 2016, April 2017 salaries Bribery Allegation: Court rejects INEC official’s plea bargain Buhari: No cause for anxiety, says Presidency Shipowners back Dakuku to lead African maritime revival Ogun shuts down hospital over death of 24-year-old CBN offers $100m in Wholesale forwards Meningitis: UNICEF places Ekiti under surveillance Dangote to pump N106b into sugar refinery Senate to hand over 2017 budget to Buhari next week Coup plotter arrested in South Africa

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (241,214 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (218,675 views) Shameless Genevieve Nnaji exposes breasts in public (181,388 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (163,724 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (154,996 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (135,944 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (118,854 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (116,937 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (104,744 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (101,578 views) Lagos plane crash: Journalist releases victims’ names (100,024 views) APC cries foul as PDP’s Fayose takes early lead in Ekiti governorship election (94,466 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (27) Business (2,527) Business Verdict (15) Columnists (672) Complaints & Requests (87) Enterprise & Opportunities (146) Entertainment (309) Features (431) Global Business Monitor (146) International (1,352) Interviews (120) Live Commentary (28) Love Matters (52) News (23,766) Opinion (682) Pidgin (8) Politics (3,670) Religion (522) Sports (1,254) Stock Watch (18) AMA & Al Jazeera Global Update

 

 

CBN Advert

 

Certificate Controversy: Dino Melaye celebrates as Vice Chancellor confirms he graduated...

 

APO Newsbreak logo

 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement



 

 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!